Binance said its MiCA application has progressed through regulatory review and awaits further developments in Europe. The exchange emphasized compliance efforts, including a global team of ov
Binance said it remains committed to securing a Markets in Crypto-Assets (MiCA) license in Europe and plans to provide another update before June 30, 2026. The exchange disclosed its position as regulatory reviews continue, while emphasizing ongoing engagement with European authorities and its goal of operating under a unified EU framework. The update comes after months of discussions surrounding its MiCA application process.
https://twitter.com/binance/status/2066936341342933215?s=20According to Binance, the company submitted a MiCA application and worked with the Hellenic Capital Market Commission over several months. The exchange said it understands that the Greek regulator completed its review and considered the application compliant with MiCA requirements.
The company also stated that the application underwent review at the European Securities and Markets Authority level. However, Binance did not provide details regarding the current status of that process.
As attention turns to the next stage, Binance said it will continue engaging with regulators across the region. The company added that it remains ready to operate under what it described as a fair and harmonized European framework.
While discussing its regulatory path, Binance highlighted changes made across its compliance operations. The company said it now employs more than 1,500 compliance professionals worldwide.
In addition, Binance noted that it secured a comprehensive set of licenses under the Abu Dhabi Global Market framework. The exchange also stated that its compliance systems helped prevent nearly $7 billion in potential fraud losses.
According to Binance, those investments included technology upgrades, stronger internal controls, and dedicated compliance teams. The company said those efforts support its broader regulatory objectives.
As the licensing process continues, Binance said minimizing disruption for users remains its primary objective. The company stated that it will provide additional details as more information becomes available, including possible next steps and available options.
Meanwhile, Binance reiterated that Europe remains central to its long-term plans. The exchange said it supports clear and consistent regulations and views MiCA as an important framework for the European Union's digital asset market.
The company added that it intends to support an orderly process while continuing operations in compliance with applicable laws across the region. It said another update will be provided before June 30, 2026.
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